Market Overview
Home Prices in Iona, ID
The median home value in Iona, ID is $441,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Iona are priced8% above average. Iona is part of the Idaho Falls, ID metro area.
Over the past five years, Iona home values have risen by approximately11.3%, reflecting steady appreciation in this market.
Price History
Iona Home Price Trend
2020
$291,663
$292K
—
2021
$396,302
$396K
+35.9%
2022
$470,177
$470K
+18.6%
2023
$421,887
$422K
-10.3%
2024
$431,491
$431K
+2.3%
2025
$437,043
$437K
+1.3%
2026
$441,017
$441K
+0.9%
City Comparison
Iona vs. National Median
🏠 Iona
$441,017
National Median
$410,000
At $441,017, homes in Iona cost 8% above the national median of $410,000. Buyers in Iona should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Iona?
20% Down Payment
$88,203
on $441,017
Monthly P&I
$2,300/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,921/mo
incl. taxes & insurance
Income Needed
$116,840
gross annual (30% rule)
10% Down Option
$44,102
+ PMI applies
Loan Amount (20% dn)
$352,814
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Iona, ID?
The median home value in Iona is $441,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Iona?
Over the past year, home values in Iona have increased by 0.9%. Over five years, prices have risen approximately 11.3%.
How much do I need to earn to buy a home in Iona?
To comfortably afford the median home price of $441,017 with a 20% down payment ($88,203) at today's rates (6.8%), you'd need a gross annual income of approximately $116,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Iona compare to the national average home price?
The national median home value is approximately $410,000. At $441,017, homes in Iona are 8% above the national average.
What metro area is Iona part of?
Iona is part of the Idaho Falls, ID metropolitan area. Home prices and market conditions can vary across the broader metro region.